23
23
tv
eye 23
favorite 0
quote 0
and if it's shrinking it produces alas the problem is the united states' economy in recent years has been consuming its capital stock that's like burning furniture to heat the whole according to a famous economist leunig von misses it's very counterproductive and i believe the fed is directly contributing to this capital consumption by keeping interest rates artificially low so that there is little incentive to say and the lack of savings implies a lack of investment not even enough reinvestment to cover for depreciation that's what's happening here the fed doesn't even seem to acknowledge it or realize it well i think that's very interesting because the percepts in is that what the fed is doing is it's doing it to strengthen the economy to help boost growth but you're saying in fact it is directly because of the fed that this dynamic is going on that we just saw the depreciation and investment and so you're saying that actually they are responsible for further depressed growth down the line. well they're partially responsible i mean don't get me wrong there are a number of structura
and if it's shrinking it produces alas the problem is the united states' economy in recent years has been consuming its capital stock that's like burning furniture to heat the whole according to a famous economist leunig von misses it's very counterproductive and i believe the fed is directly contributing to this capital consumption by keeping interest rates artificially low so that there is little incentive to say and the lack of savings implies a lack of investment not even enough...
37
37
tv
eye 37
favorite 0
quote 0
that's way because the russian economy is an oil economy and the resource economy but there's no future if we wouldn't. change because living only on exports of raw material brings us some big risks. we depend on the international markets we can't live as a stable economy without our own production without our own business. in different sectors and first of all innovative industrial sectors of the economy that's what we are trying to achieve now changed into his lesion give stimulation for business to invest in russia and this structure will change. steadily little by little and of course it has to be profitable to invest in russia but also it has to be c. . that's what i'm doing now and then with smell because we have to protect business we have to protect businessmen and when we have to protect their businesses their property owners if we were waiting for this interview with you for quite a while and when we flew it decided to leak it we have asked some small business men are of the routine issues they have to face and how they think you can help them here's a story from one of them a
that's way because the russian economy is an oil economy and the resource economy but there's no future if we wouldn't. change because living only on exports of raw material brings us some big risks. we depend on the international markets we can't live as a stable economy without our own production without our own business. in different sectors and first of all innovative industrial sectors of the economy that's what we are trying to achieve now changed into his lesion give stimulation for...
29
29
tv
eye 29
favorite 0
quote 0
how would you compare egypt's economy now. at the bottom of the economy with some lots more but at least thirty five thousand feet that sinful bank now we know still down fifteen point five billion dollars and this is a huge part of what is known and the back seat impulse and. it affects investors no one will come to invest anything in here in egypt to do usually is. secure. a loan to unemployment is going to add also sick too soon we are going to feel sick she was. killed this continues to be only egypt this will affect all safe to say egypt and business will be shut off now we are divided. so it isn't quite as a political force in one hand and muslim brotherhood in as of hand. thirty six really gratifying to you it seems that the egyptian people don't agree on much these days one of the few things they do agree on is that egypt's economy needs to get back on the right track and as soon as possible. and they're well of intentions as turkey is scrambling fighter jets to its border of the syrian warplanes bombed rebel positions
how would you compare egypt's economy now. at the bottom of the economy with some lots more but at least thirty five thousand feet that sinful bank now we know still down fifteen point five billion dollars and this is a huge part of what is known and the back seat impulse and. it affects investors no one will come to invest anything in here in egypt to do usually is. secure. a loan to unemployment is going to add also sick too soon we are going to feel sick she was. killed this continues to be...
21
21
tv
eye 21
favorite 0
quote 0
starts to grow again will mean this debt back into the economy and nobody will notice but the economy's not growing so the black hole of debt is getting bigger and there's and here's here's the rub stacey is that the low interest rates that the central bankers claim they are forced to implement due to what they call deflation is causing deflation ok quantitative easing and zero interest rate policies do not fight deflation they cause deflation ok that's what these. bankers don't understand they only have these they have the sound of one hand clapping they don't understand the economy they don't understand that they are causing deflation and simultaneously causing the biggest bond bubble in three hundred years in the country of britain now turning a three hundred year high they are therefore the black call is only going to get going going to get bigger the article goes on to point out the markets have lost confidence in the banks due to their complex and opaque numbers this is what the financial stability report says that it's because of the complex and opaque numbers not the the fact th
starts to grow again will mean this debt back into the economy and nobody will notice but the economy's not growing so the black hole of debt is getting bigger and there's and here's here's the rub stacey is that the low interest rates that the central bankers claim they are forced to implement due to what they call deflation is causing deflation ok quantitative easing and zero interest rate policies do not fight deflation they cause deflation ok that's what these. bankers don't understand they...
48
48
tv
eye 48
favorite 0
quote 0
find out what's really happening to the global economy. for a no holds barred look at the global financial headlines two kinds a report. welcome to business europe's largest economy germany has downgraded the south look for economic growth for this other next year with industrial production slowing the bonus bag sees g.d.p. to grow point seven percent rather than the previously forecast one percent two thousand and thirteen growth will be four times slower than anticipated hears. from deutsche bank research two factors are responsible for the slowdown of the german economy the one for factory slowdown of x. product and the other is we can westmont evil ottman the west wonders declining for the last five quarters for the year two thousand and thirteen we expect export contribution of net exports of this negative to g.d.p. but what is the realty stable this consumption due to the good labor market situation and relatively high income growth compared to the previous years so the german economy should grow by slightly more than than the euro a
find out what's really happening to the global economy. for a no holds barred look at the global financial headlines two kinds a report. welcome to business europe's largest economy germany has downgraded the south look for economic growth for this other next year with industrial production slowing the bonus bag sees g.d.p. to grow point seven percent rather than the previously forecast one percent two thousand and thirteen growth will be four times slower than anticipated hears. from deutsche...
33
33
tv
eye 33
favorite 0
quote 0
meanwhile egypt's economy is deteriorating as economists feed it explains to tom barton in congress. with protests continuing a round the clock both for and against a gyptian president mohamed morsi the country's economy is facing increasing troubles with me to discuss this is very time lapse an economist here in cairo that is thank you for joining me think first of all tell us briefly what was really going on when the stock market pull on which to over a week on hearing mosts announcement in the next week to the shins us the small school shopping days it even coalesce around to turn this thing down this isn't mutual have and this is loss is most of the funny outgoing he comes i am after we are going to take on full find the billionaire how would you compare egypt's economy now to walsh from the. father the economy was somewhat the boom that mubarak deserved this was sixty five for instance at central bank now will still down fifteen point five billion dollars and this is a huge cut that would result and it affects the impulse on the top it affects investors no one will come to inves
meanwhile egypt's economy is deteriorating as economists feed it explains to tom barton in congress. with protests continuing a round the clock both for and against a gyptian president mohamed morsi the country's economy is facing increasing troubles with me to discuss this is very time lapse an economist here in cairo that is thank you for joining me think first of all tell us briefly what was really going on when the stock market pull on which to over a week on hearing mosts announcement in...
18
18
tv
eye 18
favorite 0
quote 0
morsi the country's economy is facing increasing troubles with me to discuss this is very the time lapse an economist here in cairo had to thank you for joining me thank you first of all tell us briefly what was really going on when the stock market pull on just over a week on hearing most announcement in the next decade the shins are still small school shopping days it even coalesce around the turn first thing down this isn't mutual we have and this is love is most of the fun we are going to take home so i am after we are going to take on full point the billionaire goes how would you compare egypt's economy now walsh on the path at mubarak's speech is that a final meal somewhat the feeling that mubarak is service was thirty five one seats at central bank now will store down fifteen zero point five billion dollars and this is a huge cut at that would deserve and in fact the impulse i'm told it's efexor investors no one will come to invest anything any here in egypt to do these he is fully aphoristic six to. a large unemployment thing to do is to add the us also said to soon we are going
morsi the country's economy is facing increasing troubles with me to discuss this is very the time lapse an economist here in cairo had to thank you for joining me thank you first of all tell us briefly what was really going on when the stock market pull on just over a week on hearing most announcement in the next decade the shins are still small school shopping days it even coalesce around the turn first thing down this isn't mutual we have and this is love is most of the fun we are going to...
20
20
tv
eye 20
favorite 0
quote 0
find out what's really happening to the global economy. for a no holds barred look at the global financial headlines to kaiser report. hello and welcome to crossfire computable dealing with an ever thirsty world media is fond of the dramatic term water wars when it comes to describing the future management of global water resources i wonder valued is water today and how dear will it become as countries around the world go dry. and. to talk about what some call the possibility of future water wars i'm joined by tony allen in london he is a professor of geography at the school of oriental and african studies and author of the recent book the middle east water question hydro politics and the global economy also in london we have donnish mustafa he is a reader in politics and environment at king's college london and in washington we cross to michael goodwin and he is a south asia associate at the woodrow wilson international center for scholars all right gentlemen crosstalk rules in effect that means you can jump in any time one twenty five go
find out what's really happening to the global economy. for a no holds barred look at the global financial headlines to kaiser report. hello and welcome to crossfire computable dealing with an ever thirsty world media is fond of the dramatic term water wars when it comes to describing the future management of global water resources i wonder valued is water today and how dear will it become as countries around the world go dry. and. to talk about what some call the possibility of future water...
15
15
tv
eye 15
favorite 0
quote 0
from an investment led economy towards a more consumption driven economy because the impacts for the total population of china will be much more positive compared to in vestments less economy to me what is actually behind this growth. well there are several factors the main driver to just here is that investment is still the major driver of china more or less fifty percent of g.d.p. is coming from investment growth the other. drivers of growth of course is consumption and exports. investment specially government state led investment still very much dominates china's growth of course a lot of this is catch up course we have calculated that given that three provinces in china's smaller provinces can grow towards the capita income levels of tier one cities such as beijing shanghai. we can see at least seven percent growth in china for at least five more years and even more if tier three economies are able to reach the per capita incomes of tier one cities now you'll talk about growth in the next five years or so but a lot of people have been talking about. heartland we have got an aging
from an investment led economy towards a more consumption driven economy because the impacts for the total population of china will be much more positive compared to in vestments less economy to me what is actually behind this growth. well there are several factors the main driver to just here is that investment is still the major driver of china more or less fifty percent of g.d.p. is coming from investment growth the other. drivers of growth of course is consumption and exports. investment...
29
29
tv
eye 29
favorite 0
quote 0
going to take on full on the billionaire how would you compare egypt's economy now to. father steve camile some lots more but it. was sixty five point six at central bank now we know still down fifteen point five billion dollars and this is a huge cut that with his own hand if that's even possible and. it affects investors no one will come to invest anything any here in egypt to do these e's fifty six took. a lot of unemployment to do is to add also six too soon we are going to feel sick she was. just continues to be all usual these you just lose a fit all six do so easy of business with the shop now we are divided into two parts so it isn't quite as a political force in one hand and muslim brotherhood in as one hand whom we all in the thirty six when you read it think you it seems that the egyptian people don't agree on much these days one of the few things they do agree on is that egypt's economy needs to get back on the right track and as soon as possible. russia and turkey will try to shield growing economic and trade ties from a widening rift over the syrian confli
going to take on full on the billionaire how would you compare egypt's economy now to. father steve camile some lots more but it. was sixty five point six at central bank now we know still down fifteen point five billion dollars and this is a huge cut that with his own hand if that's even possible and. it affects investors no one will come to invest anything any here in egypt to do these e's fifty six took. a lot of unemployment to do is to add also six too soon we are going to feel sick she...
17
17
tv
eye 17
favorite 0
quote 0
these currency wars that's my prediction from mark carney he will do the right thing by letting the economy work through no natural interest rate rises no they'll do the wrong thing and devalue the british pound again you know he was part of the financial stability board up until i assume now and that's where the shadow banking system is so i think that it's something that we should look for because we know that a lot of the shadow banking has moved to london so i think it's something that they're worried about is something to look for for the future as this collapse goes out of back and system relies on zero percent interest rate that he's going to retain this conflict of interest he's going to retain financial stability authority position that's a huge conflict so if you've got goldman as you pointed out stretching all across europe all crossed the world to create a new ice age and economic growth due to zero percent interest rates let's have the equivalent of you know below zero temperatures in the ecology bringing and the ice like conditions of no growth frozen and frozen due to these c
these currency wars that's my prediction from mark carney he will do the right thing by letting the economy work through no natural interest rate rises no they'll do the wrong thing and devalue the british pound again you know he was part of the financial stability board up until i assume now and that's where the shadow banking system is so i think that it's something that we should look for because we know that a lot of the shadow banking has moved to london so i think it's something that...
19
19
tv
eye 19
favorite 0
quote 0
economy still muddling along since the two thousand and eight crisis with the low level of i.p.o. volume since the dot com bubble burst low business investment low were record budget deficits from the government and high unemployment do we actually need a bubble not a case i would make but a very smart gentlemen is here to tell us why they can sometimes be good joining me from our new york studio is dr william janeway he's senior advisor for warburg pincus technology and author of the book doing capitalism in the innovation economy markets speculation and the state first thank you so much for being on the show very good to be here we're going to have you because you have said and i would definitely agree the bubbles have received bad press whether we're talking about the two live bubble in the sixteen hundreds or whether we're talking about the real estate bubble ahead of two thousand and eight but in some instances you say bubbles can be good why can bubbles be good and what kind of a bubble would we need or might we need now. well the first thing as you've said is that bubbles a
economy still muddling along since the two thousand and eight crisis with the low level of i.p.o. volume since the dot com bubble burst low business investment low were record budget deficits from the government and high unemployment do we actually need a bubble not a case i would make but a very smart gentlemen is here to tell us why they can sometimes be good joining me from our new york studio is dr william janeway he's senior advisor for warburg pincus technology and author of the book...
18
18
tv
eye 18
favorite 0
quote 0
call an oppressive regime are planning to march on the presidential palace on chews day the market economy is deteriorating as economist laid it out explained to artie's tom barton in cairo. with protests continuing around the clock both for and against a gyptian president mohamed morsi the country's economy is facing increasing troubles with me to discuss this is very thailand's an economist here in cairo rather thank you for joining me think first of all tell us briefly. what was really going on in the stock market pull on the show every week i'm hearing most is announcement in the next that the kid issues are still small school shopping isn't even coalesce around the turn first thing down this isn't mutual have and this is love is most of the funny outgoing he comes i am after we are going to kick around fulfilling the billionaire who knows how would you compare egypt's economy now to walsh from. harvard teaches that a commie was somewhat steve leung that move out of the service was thirty five point six x. in food bank now will still down fifteen point five billion dollars and this is
call an oppressive regime are planning to march on the presidential palace on chews day the market economy is deteriorating as economist laid it out explained to artie's tom barton in cairo. with protests continuing around the clock both for and against a gyptian president mohamed morsi the country's economy is facing increasing troubles with me to discuss this is very thailand's an economist here in cairo rather thank you for joining me think first of all tell us briefly. what was really going...
25
25
tv
eye 25
favorite 0
quote 0
oppressive regime are planning to march on the presidential palace and choose day meanwhile egypt's economy is deteriorating as economist explained to r.t. tom barton in cairo. with protests continuing around the clock both for and against a gyptian president mohamed morsi the country sick. komi is facing increasing troubles with me to discuss this is very the time lapse an economist here in congress had a thank you for joining me think first of all tell us briefly what was really going on when the stock market pull on which to over a week on hearing most is announcement in the next decade the shins are still small school shopping days it even coalesce around the turn first thing down this isn't mutual have and this is the last is most of the funny outgoing he comes i am after we are going to take on food for the billionaire how would you compare egypt's economy now to walsh from the. father stages that a company was somewhat steve leung that mubarak. was sixty five on six at sinful bank now we'll still down fifteen point five billion dollars and this is a huge cut that with his own hand in
oppressive regime are planning to march on the presidential palace and choose day meanwhile egypt's economy is deteriorating as economist explained to r.t. tom barton in cairo. with protests continuing around the clock both for and against a gyptian president mohamed morsi the country sick. komi is facing increasing troubles with me to discuss this is very the time lapse an economist here in congress had a thank you for joining me think first of all tell us briefly what was really going on when...
23
23
tv
eye 23
favorite 0
quote 0
because because surely it still needs to have those trade ties economies so important as. yes trade with other countries other businesses on the continent is important just like it is around the world when we need a you one hundred percent of our economy is overregulated by the european union trade with other businesses individuals on the continent will always continue whether we're in the e.u. or whether we're out of the a you were a member of the european economic area britain has global trading links we don't really need to be run by brussels and the institutions of the european union telling this country what to do we're big enough to manage our own affairs really would be a lot better off the konami care than it is really pointing towards if britain were to leave the european union it would be actually help the british economy it would actually help our economy to grow and it would reduce the burden on the british taxpayer because whatever it is our union if the u.k. were to fully pull out what would it do in this very difficult time this crisis. well the trade links
because because surely it still needs to have those trade ties economies so important as. yes trade with other countries other businesses on the continent is important just like it is around the world when we need a you one hundred percent of our economy is overregulated by the european union trade with other businesses individuals on the continent will always continue whether we're in the e.u. or whether we're out of the a you were a member of the european economic area britain has global...
38
38
tv
eye 38
favorite 0
quote 0
find out what's really happening to the global economy with mike stronger for a no holds barred look at the global financial headlines tune into cars a report. for . technology innovation all the developments around russia. welcome back we're talking about the monetary system and rewinding a bit under bretton woods there were automatic adjustments to address strength or weakness and other economies now central banks have much more flexibility in their ability to determine their own currencies values this allows them to build up chronic current account surplus or deficit so how is that a sustainable model for trade let's ask our guest as he is the expert in all things global monetary system related we will go to very eichengreen in just one moment he is a professor so i want to ask you how is that a sustainable model for trade where you can build up these massive chronic chronic out surpluses or deficits because of the monetary system. well you've got to have a system that's flexible enough to make those chronic surpluses and deficits go away. for a century and more we thought that st
find out what's really happening to the global economy with mike stronger for a no holds barred look at the global financial headlines tune into cars a report. for . technology innovation all the developments around russia. welcome back we're talking about the monetary system and rewinding a bit under bretton woods there were automatic adjustments to address strength or weakness and other economies now central banks have much more flexibility in their ability to determine their own currencies...
24
24
tv
eye 24
favorite 0
quote 0
stocks the economy no one no one has got the silver spike to put the zombie banks out of out of our misery well the fact is maybe snooki is going to be fine it's going to be the scum villages into which all the people are pushed because the bankers are building their own palaces their next door neighbors with baby snooki now he goes on to say and the whole then goes on to say if we are fortunate the cost of the crisis will be paid for by our children more likely it will still be being paid for by our grandchildren there is every reason why the general public ought to be deeply upset by what has happened and angry you see he's saying you're not only are your children but your grandchildren are going to be born in scum villages but this one thing getting you through your day is going to be kate's baby this is going to make you so happy and you know the fact is he saying it's as bad as world war two and it was during world war two that people were put in containers to go live nuisance people that people didn't like certain elites didn't like right well scapegoating it is part of any austerity
stocks the economy no one no one has got the silver spike to put the zombie banks out of out of our misery well the fact is maybe snooki is going to be fine it's going to be the scum villages into which all the people are pushed because the bankers are building their own palaces their next door neighbors with baby snooki now he goes on to say and the whole then goes on to say if we are fortunate the cost of the crisis will be paid for by our children more likely it will still be being paid for...
41
41
tv
eye 41
favorite 0
quote 0
find out what's really happening to the global economy with my stronger no holds barred look at the global financial headlines kaiser report. into business with me to me russia's richest all battling it out in london courts again billion as letting up outside in on a continuing that tug of war over north nicole and an arbitration case where more than a billion dollars. reports from the british capital. it's a clash of russian. but this case it's unlikely to be. which one told them months in the sun london law is at least a million pounds in fees this time it's two more billion paternity and. worth fourteen and a half billion and eight point eight billion dollars respectively according to forbes magazine. nickel the world's largest nickel and played and he's doing holder for time in for more than a billion dollars for violating his shareholder rights it's a conflict that's been going on for two years and on monday it went into arbitration here but it looks like it could be short and sweet because to say the two have already reached an agreement the terms would mean a restructuring of the co
find out what's really happening to the global economy with my stronger no holds barred look at the global financial headlines kaiser report. into business with me to me russia's richest all battling it out in london courts again billion as letting up outside in on a continuing that tug of war over north nicole and an arbitration case where more than a billion dollars. reports from the british capital. it's a clash of russian. but this case it's unlikely to be. which one told them months in the...
45
45
tv
eye 45
favorite 0
quote 0
what's really happening to the global economy. there are no holds barred the global financial headlines kaiser report. good leverage surely. to build the world's most sophisticated. mission to teach me. this is why you should. only. argy dot com lead i've . i've . experienced. at least. it's.
what's really happening to the global economy. there are no holds barred the global financial headlines kaiser report. good leverage surely. to build the world's most sophisticated. mission to teach me. this is why you should. only. argy dot com lead i've . i've . experienced. at least. it's.
14
14
tv
eye 14
favorite 0
quote 0
was there reason for me to be in debt good evening of all the time bombs on the american economy set to explode with dire consequences this is a big one staggering debt from student loans everyone is told a college education is a way to get ahead college tuitions though keep going up so does the borrowing and we just hit an awful milestone our nation's combined student loan debt is now. one trillion dollars that averages out to twenty four thousand per student it's now larger than credit card debt in this country and it comes just as an entire generation is just starting out. i was. i. thank. god. i. was. that a year ago anybody would have predicted that. you would have. our young people out of new york city. because something is real journalist. oh. we'll do whatever has so many bright. young people. on a global stage with affordable education. teligent justice there is in fact the whole student loan debt is pretty bad debt when congress raises loan limits schools respond to those increased long limits by raising tuition because they think that students can afford to pay more becaus
was there reason for me to be in debt good evening of all the time bombs on the american economy set to explode with dire consequences this is a big one staggering debt from student loans everyone is told a college education is a way to get ahead college tuitions though keep going up so does the borrowing and we just hit an awful milestone our nation's combined student loan debt is now. one trillion dollars that averages out to twenty four thousand per student it's now larger than credit card...
27
27
tv
eye 27
favorite 0
quote 0
starts to grow again will mean this debt back into the economy and nobody will notice but the economy's not growing so the black hole of debt is getting bigger and there's and here's here's the rub stacey is that the low interest rates that the central bankers claim they are forced to implement due to what they call deflation is causing deflation ok quantitative easing and zero interest rate policies do not fight deflation they cause deflation ok that's what these central bankers don't understand they only have the if they have the sound of one hand clapping they don't understand the economy.
starts to grow again will mean this debt back into the economy and nobody will notice but the economy's not growing so the black hole of debt is getting bigger and there's and here's here's the rub stacey is that the low interest rates that the central bankers claim they are forced to implement due to what they call deflation is causing deflation ok quantitative easing and zero interest rate policies do not fight deflation they cause deflation ok that's what these central bankers don't...
12
12
tv
eye 12
favorite 0
quote 0
it's not going to remain twenty five percent of the global economy what it is now forever merging markets will continue to emerge will continue to grow faster than the u.s. the u.s. government is not going to be able to pump out safe and liquid assets on the scale that the global economy requires so there will have to be other sources of those assets in my book a year and a half ago i said the eurozone and china are the most likely alternatives but they're both having problems at the moment so there really is no alternative to the dollar. that's one factor supporting the currency and the other fundamental is the liquidity of u.s. financial markets the u.s. treasury bond market is the single largest and most liquid financial market in the world and that's important in times of turbulence that's what continues to make the dollar and only the dollar crude safe haven currency so then even if there were because you're saying the euro the renminbi they're not qualified even if they were do you see a scenario where you would ever be confident that central banks could have an orderly transition t
it's not going to remain twenty five percent of the global economy what it is now forever merging markets will continue to emerge will continue to grow faster than the u.s. the u.s. government is not going to be able to pump out safe and liquid assets on the scale that the global economy requires so there will have to be other sources of those assets in my book a year and a half ago i said the eurozone and china are the most likely alternatives but they're both having problems at the moment so...
18
18
tv
eye 18
favorite 0
quote 0
said the surprise decision to hire mark carney was a significant positive turn for both the economy and the banks u.b.s. said they did not expect mr cornered to be as tough on lenders as his predecessor predicting an end to what it called an increasingly challenging u.k. regulatory agenda well it's appropriate as they must tony because he's overseeing a circus freak show of central bankers having their way. in the derivatives market the shadow banking system creating all kinds of contortionists out there in the central banking land and half naked ladies and in this case of mark carney he's a math i'm not for date of banking because he wants both higher interest rates and looser monetary policy is a financial i'm afeard i you know they should put him in the. bill worked perfectly and the city freak show one thread the needle straight there's mark carney and the bearded him aphrodite he wants higher rates and looser monetary policy welcome to the freak show marconi where we've got your number i don't flatter you on this show every single day because that's what we do best welcome to the f
said the surprise decision to hire mark carney was a significant positive turn for both the economy and the banks u.b.s. said they did not expect mr cornered to be as tough on lenders as his predecessor predicting an end to what it called an increasingly challenging u.k. regulatory agenda well it's appropriate as they must tony because he's overseeing a circus freak show of central bankers having their way. in the derivatives market the shadow banking system creating all kinds of contortionists...
30
30
tv
eye 30
favorite 0
quote 0
going back to more stable economy and the poverty and poor point was of course in the fall of two eight and then twenty year you know in several saves first to wall joined by the intervention when all twenty countries grieve. as they will conduct budget and to crisis budget policies which will help to stabilize global demand i and another goal is to change global macroeconomic in wire. and in order to prevent their position or for similar crisis i thinks are some of the most problematic calls in the rigol ation on a country and global level and these are always also or in the top of their dens of the from the very beginning because when we speak about financial regulation ill lot of it is not of solving current problems but rather increase in new environment which will be less prone to repeat decision of similar senior why. do people take it so seriously i mean the country is cheering the g twenty when russia certainly does take it very seriously because it gives some so we can all make some political preferences were it's just a matter of prestige. while it's of course at the prestigio
going back to more stable economy and the poverty and poor point was of course in the fall of two eight and then twenty year you know in several saves first to wall joined by the intervention when all twenty countries grieve. as they will conduct budget and to crisis budget policies which will help to stabilize global demand i and another goal is to change global macroeconomic in wire. and in order to prevent their position or for similar crisis i thinks are some of the most problematic calls...
23
23
tv
eye 23
favorite 0
quote 0
interest rates to resume their normal ised rates in the four and five percent which would force the economy to have to pay its way here in britain instead of relying on handouts and welfare from the bank of england and the city so naturally he had to go he had to walk the plank to bring in a duff mark carney who will introduce on orthodox central banking techniques more in the style of bend shyster bernanke in which is horrible for the u.k. pound you think it's a poison chalice for mark carney either he raises interest rates to defend the pound of course causing a real estate crash or he goes down the path of allowing the pound to be debased he's going to actually here's what i predict i predict marconi will well devalued the british pound by twenty five percent he's going to force a currency devaluation as part of these currency wars that's my prediction from mark carney he will do the right thing by letting the economy. work through no natural interest rate rises no do the wrong thing and devalue the british pound again you know he was part of the financial stability board up until i assu
interest rates to resume their normal ised rates in the four and five percent which would force the economy to have to pay its way here in britain instead of relying on handouts and welfare from the bank of england and the city so naturally he had to go he had to walk the plank to bring in a duff mark carney who will introduce on orthodox central banking techniques more in the style of bend shyster bernanke in which is horrible for the u.k. pound you think it's a poison chalice for mark carney...
32
32
tv
eye 32
favorite 0
quote 0
and multiple other economies around the mediterranean and the euro zone itself banks are basically been left suddenly realizing that at the last that they've got to have this scrabble for cash and what they're going to be doing now is they're going to be sell anything armchairs asset eastern europe and bank subsidiaries you name it they are all going to be up for offer it what's going to be the incredible amazing discount sale of two thousand and twelve two thousand and thirteen oz western european banks try desperately to make themselves sufficiently solvent under what to be fair is a rather arbitrary new set of regulations which aren't necessarily in themselves going cura anything ok do you think as a final question patrick do you think there will be a unique unified e.u. regulates rebuilding for the banking sector. there are obviously great attempts to create this an obviously we already have a rip in banking agency that's trying to get into one of the biggest problems arky i would say is just money i mean we have one european banking regulator that's trying to regulate the whole eur
and multiple other economies around the mediterranean and the euro zone itself banks are basically been left suddenly realizing that at the last that they've got to have this scrabble for cash and what they're going to be doing now is they're going to be sell anything armchairs asset eastern europe and bank subsidiaries you name it they are all going to be up for offer it what's going to be the incredible amazing discount sale of two thousand and twelve two thousand and thirteen oz western...
47
47
tv
eye 47
favorite 0
quote 1
find out what's really happening to the global economy with my stronger for a no holds barred look at the global financial headlines tune into cars a report on our. cash from qatar has been flowing into france for some time now the latest being a huge tie up to pump vital funds into struggling small business but the gulf states generosity is now being met with increasing high level suspicion next year ships explains. france is already no stranger to qatari dollars fans of parisian football club present your man cannot believe their luck ever since middle east and shakes invested into the team they've bought world class players and hired a top coach now this small business owner hopes he can also have a slice of the pie due to economic crisis financing from governments are. too big to be obtained talking about cuts or we are talking about business we don't have any finance so we have a financing of financial. we can go and that may soon happen nicolas sarkozy's administration cemented ties with doha placing a military base in the gulf state and signing an investment deal now qatar is t
find out what's really happening to the global economy with my stronger for a no holds barred look at the global financial headlines tune into cars a report on our. cash from qatar has been flowing into france for some time now the latest being a huge tie up to pump vital funds into struggling small business but the gulf states generosity is now being met with increasing high level suspicion next year ships explains. france is already no stranger to qatari dollars fans of parisian football club...
43
43
tv
eye 43
favorite 0
quote 0
is not the way to grow the economy we are heading for an extended period of. the stagnation and. thank you very much for joining us but also save us a little because the concern has he said there on picking say the thing is that the one thing cutting through all the waste and says it's enough that the k. is going to be set to have to place itself but even tough because of the even whole austerity. sara thanks a lot sort of live from london and we have more from the u.k. head for you this hour with a look at how london has voiced what many brits have long been thinking and the news continues financial crisis the head of the british capital urged the u.k. to hold a referendum over the country's membership making an exit and likely prospect of more nuts and other stories after a short break. tucked in between the russian mainland japan and the sun coming island is the island of minute on named after french seafarer who discovered it it is described as the pride of the sakhalin region we'll take a look at what's in store for us here. until two thousand and four the island was part of
is not the way to grow the economy we are heading for an extended period of. the stagnation and. thank you very much for joining us but also save us a little because the concern has he said there on picking say the thing is that the one thing cutting through all the waste and says it's enough that the k. is going to be set to have to place itself but even tough because of the even whole austerity. sara thanks a lot sort of live from london and we have more from the u.k. head for you this hour...
28
28
tv
eye 28
favorite 0
quote 0
markets why not come to find out what's really happening to the global economy with max cons are for a no holds barred look at the global financial headlines tune into cars a report on our. world moves on. science technology innovation all the rest of the immense from around russia we've got this huge earth covered. all right let's switch gears from the treasury to the fed our guest has been decoding for some fed speak regarding inflation targets for fed chief ben bernanke he and his vice chair janet yellen what does rhetoric like this translate to let me give you an example of something janet yellen said recently in a speech and i paraphrased a bit but she said to put it simply if two percent inflation is the committee's goal two percent cannot be viewed as a ceiling for inflation two percent must be treated as a central tendency around which in place ten fluctuates all right so what does that mean and why should we care and does this represent some kind of impact the major thing that we need to be thinking about we're looking at fed policy let's ask bob english because he is the on
markets why not come to find out what's really happening to the global economy with max cons are for a no holds barred look at the global financial headlines tune into cars a report on our. world moves on. science technology innovation all the rest of the immense from around russia we've got this huge earth covered. all right let's switch gears from the treasury to the fed our guest has been decoding for some fed speak regarding inflation targets for fed chief ben bernanke he and his vice chair...
22
22
tv
eye 22
favorite 0
quote 0
hurt the economy more than necessary and. the last thing that you should do in times of economic weakness is to comic spending at such a fast rate because when consumers aren't spending because that. column when business is the hoarding cash it's actually the government that has that has to spend to get growth going and if you don't have growth then you weren't reduce your definitely doing that george five billion pounds on building projects been in the. planning to spend billions on infrastructure projects including road rail and cheap expansion that's what he's doing isn't it creating growth that yes i thought that was welcome but five billion it's pretty small bear i'm afraid the government. has not really come out with i would say the growth strategy that's that's needed and i think that the institute for fiscal studies has estimated that that five billion will increase. maybe buy point two percent say yeah so this states one person's already suffered a double dip recession i'm afraid much more is required to get the kind
hurt the economy more than necessary and. the last thing that you should do in times of economic weakness is to comic spending at such a fast rate because when consumers aren't spending because that. column when business is the hoarding cash it's actually the government that has that has to spend to get growth going and if you don't have growth then you weren't reduce your definitely doing that george five billion pounds on building projects been in the. planning to spend billions on...
14
14
tv
eye 14
favorite 0
quote 0
happening to the global economy. to build a new. mission to teach. only. and realized. the big picture. emission and free accreditation free transport chargers free. range month free risk free studio time free. download free broadcast quality video for your media projects and a free media dog hearty dog tom. is eve it's. true you. just need to. do we speak your language any time of the war not a day of. news programs and documentaries and spanish what matters to you breaking news a little tonnage of angola's kidding the stories. you hear. and then try to all teach spanish find out more visit eye to eye all tito is calm.
happening to the global economy. to build a new. mission to teach. only. and realized. the big picture. emission and free accreditation free transport chargers free. range month free risk free studio time free. download free broadcast quality video for your media projects and a free media dog hearty dog tom. is eve it's. true you. just need to. do we speak your language any time of the war not a day of. news programs and documentaries and spanish what matters to you breaking news a little...
42
42
tv
eye 42
favorite 0
quote 0
at the bottom of the economy with some much steve leung that mubarak. was sixty five feet at central bank now we know still down fifteen point five billion dollars and this is a huge i thought well deserved and in fact the impulse and this is the first investor. no one will come to invest anything any here in egypt due to these he is the first of six took. on a loan to unemployment food to do is to add the us only also six to sunni odd and if you could see it you would. build this continues to be all over egypt this would affect also if jews of egypt business would be shocked at our feet now we are divided between two parts that is a pole is a political force in one hand and muslim who'd been us all hands whom we all in the body of the six was better thank you it seems that the egyptian people don't agree on much these days one of the few things they do agree on is that egypt's economy needs to get back on the right track and as soon as possible. they're now getting at britain's unemployed into jobs it's proving to be a costly failure only three quarter
at the bottom of the economy with some much steve leung that mubarak. was sixty five feet at central bank now we know still down fifteen point five billion dollars and this is a huge i thought well deserved and in fact the impulse and this is the first investor. no one will come to invest anything any here in egypt due to these he is the first of six took. on a loan to unemployment food to do is to add the us only also six to sunni odd and if you could see it you would. build this continues to...
35
35
tv
eye 35
favorite 0
quote 0
with thirteen trillion dollars sorry fourteen trillion dollar economy with thirteen trillion dollars of our group the men and the government keeps having to make up the difference so we have to put money into the pockets of people we're going to spend it now the democrats are opposed to that by extending unemployment insurance helping the people who are really at the edge people who might be living in their cars otherwise you want to increase infrastructure spending we want to extend tax breaks for the middle class and whether republicans keep on wanting to do they want to keep on extending ten. breaks for the rich even though it hasn't created jobs it's not going to create jobs all it does is it helps to pay back the people who give them their campaign contributions every two years speaking of whom you know frank luntz calls them the job creators there's this group of eighty or so of these c.e.o.'s that are doing a dog and pony show they're going to start running all these ads this in this next week about how they want to see a balanced approach you know if we're going to raise taxe
with thirteen trillion dollars sorry fourteen trillion dollar economy with thirteen trillion dollars of our group the men and the government keeps having to make up the difference so we have to put money into the pockets of people we're going to spend it now the democrats are opposed to that by extending unemployment insurance helping the people who are really at the edge people who might be living in their cars otherwise you want to increase infrastructure spending we want to extend tax breaks...
15
15
tv
eye 15
favorite 0
quote 0
is a measure of the economy's health at all well discussed and earlier this week we asked the natural commentator peter schiff about his hyper inflation calls. i know that you're saying you can't predict when this is going to happen but why haven't we seen that happen well you know i guess i still say the hyperinflation is the worst case scenario. that interview received traction from a certain new york times economist will discuss in loose change let's get to today's capital account. today we'll forget about the fiscal cliff for a moment and talk about some other deadlines approaching that may create a potential regulatory cliff for investors threatening that they may fall off unless they seek the safety of government debt i'm talking about changes in f.d.i.c deposit insurance as just one example and while investors may be perched on what we're calling a regulatory cliff of sorts big banks are able to crawl back from the ledge with the help of timothy geithner's treasury geithner is making some major moves before he has for the door and one which we've seen recently is the final word
is a measure of the economy's health at all well discussed and earlier this week we asked the natural commentator peter schiff about his hyper inflation calls. i know that you're saying you can't predict when this is going to happen but why haven't we seen that happen well you know i guess i still say the hyperinflation is the worst case scenario. that interview received traction from a certain new york times economist will discuss in loose change let's get to today's capital account. today...
46
46
tv
eye 46
favorite 0
quote 0
find out what's really happening to the global economy with. no holds barred global financial headlines. is a report. you know how sometimes you see a story and it seems so horror lengthly you think you understand it and then you glimpse something else and you hear or see some other part of it and realize everything you thought you knew you don't know i'm tom harpur welcome to the big picture.
find out what's really happening to the global economy with. no holds barred global financial headlines. is a report. you know how sometimes you see a story and it seems so horror lengthly you think you understand it and then you glimpse something else and you hear or see some other part of it and realize everything you thought you knew you don't know i'm tom harpur welcome to the big picture.
38
38
tv
eye 38
favorite 0
quote 0
find out what's really happening to the global economy. for a no holds barred. max kaiser welcome to the kaiser report people of the united kingdom listen to me i've seen your future and your future is scum villages and royal babies that the newspapers say will look like this yes i may have the eyes of a cold hearted lizard but so does your future eating the mud pies of austerity and let's not be coy i think the best name for this baby will be snooki. standing. yes maxwell of course this is the big budget day in the united kingdom and it's of course celebrating everywhere you look you cannot escape every single paper for the don and will and kate it's never ending but with this austerity budget and with the celebration all the newspapers are talking about like the baby is going to cost two million dollars a year the first year for clothes just for clothes and yet any of the mothers in england are being told or the united kingdom are being told we're going to slash your benefits we're going to make sure you're not you know feeding your children too much no no no
find out what's really happening to the global economy. for a no holds barred. max kaiser welcome to the kaiser report people of the united kingdom listen to me i've seen your future and your future is scum villages and royal babies that the newspapers say will look like this yes i may have the eyes of a cold hearted lizard but so does your future eating the mud pies of austerity and let's not be coy i think the best name for this baby will be snooki. standing. yes maxwell of course this is the...